YAL yancoal australia limited

Ann: HKEx - copy of Yankuang Energy Group update, page-3

  1. 379 Posts.
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    I think they probably will (cancel). But personally I wouldn’t mind a takeover at a fair price. Private investors can easily move the windfall into a comparable share such as WHC. It should only be institutional investors who dislike takeovers; obviously it’s more challenging for them to reinvest the proceeds. (I’m ignoring all political considerations; from that angle China shouldn’t be acquiring valuable Australian coal assets imho.)
 
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$6.53
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